Germany-based Bosch recently bought Fort Lauderdale, Fla.-based FHP Mfg. Co., a manufacturer of electric geothermal heat pumps, to strengthen Bosch’s thermotechnology division.
American Standard announced last month that the $11 billion toilets-to-brakes conglomerate dating back to the 19th century would sell its well-known bath-and-kitchen division, spin off its vehicle controls group and rename itself Trane after the flagship brand name of the one business it will keep.
“Plumbing-Heating-Cooling-Opoly,” a board game that mimics the famous Monopoly board game, is the latest fundraiser from the Plumbing-Heating-Cooling Contractors National Auxiliary.
Jacuzzi Brands announced that it has reached an agreement in principle to settle four class-action stockholder lawsuits, which were filed just days after the company announced a proposed merger with an Apollo Management subsidiary last fall.
Home Depot Inc. announced dismal retail news in its fourth-quarter financials on Feb. 20, while the wholesale operation the company is considering selling produced a few bright spots.
Taco Inc. dedicated a new 60,000-square-foot addition to its Cranston, R.I., manufacturing facility in a ceremony Feb. 16 that featured local and state politicians and a performance by the Rhode Island Philharmonic.
Wolseley plc, based in Reading, United Kingdom, acquired the assets of Lawrence Plumbing Supply Co., and the shares of plumbing distributors Castle Supply Co. and Castle North Corp. (Castle Group) were acquired from Joseph Lawrence, Joseph White, Robert Stern, Robert Caldwell and John Thomas.